Pete Alonso a Home Run Derby favorite heading into MLB All-Star Week

Former Gator and New York Mets slugger Pete Alonso will compete for a third Home Run Derby crown on Monday, and he enters All-Star Week as the betting favorite to come out on top.

The MLB All-Star Break is almost here and former Florida slugger Pete Alonso is the current favorite to win the 2023 Home Run Derby, according to FanDuel.

Alonso’s +300 odds narrowly edge out Toronto’s Vladimir Guerrero Jr. +350, and the White Sox’s Luis Robert Jr. is the next closest at +400. The rest of the field is at +500 or worse odds, which means the money is on one of those three that come out on top. Alonso has -178 odds in the first round.

Of course, Alonso is a two-time winner at the derby, having won it as a rookie in 2019 and again after COVID in 2021. He fell in the semifinals against Seattle’s Julio Rodriguez a year ago, but FanDuel thinks Alonso will get some revenge in the opening-round rematch set for Monday.

As far as prop bets go, Alonso over Robert in the final is the favorite at +850, and the former Gator has the second-best odds (+340) to hit the longest home run of the night; Guerrero (+240) is the favorite. The over/under for total home runs is set at 274.5 (-113).

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